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Jaredfromsubway is the biggest gas spender on Ethereum with over $70M spent

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by COINS NEWS 113 Views

I’m sure all of you have heard about Jaredfromsubway.eth and his infamous MEV bot which runs sandwich attacks.

He basically runs an MEV bot which runs 2 transactions before and after the original swap transaction of an unsuspecting user and end up making profit from the same by manipulating the price of the asset being swapped.

As per the analysis on dune by hildobby https://dune.com/hildobby/Gas?Timeframe=All+Time

He has now spent the most amount of gas in terms of ETH with over 37k ETH or $70M spent which puts his wallet ahead of the biggest exchanges like Binance, Coinbase, etc

If we look at it from a percentage perspective, he has spent more than 5% of the total gas being spent in the last 6 months.

Can you guess how much profit he would have made by spending almost $70M in gas?

Not-So-Fun Fact: Jaredfromsubway.eth gets his name from the former spokesperson for the fast food chain Subway who was convicted for child pornography and pedophilia and was sentenced to 15 years in prison back in 2015.

submitted by /u/Visual-Savings6626
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